Steve Troy

The End of MasterCard and Visa?
This headline surely sounds preposterous, but is it? It’s hard to believe that multi-billion-dollar juggernauts such as these two could lose their relevance, or even go out of business. It’s not...
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Why, Oh Why, is There So Much Fraud?
Everyone in the factoring industry knows that fraud is rampant. For some reason it seems to be more prevalent today than at any time over the past 50 years. It doesn’t matter the industry, but...
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A False Sense of Security
As an industry, we are hung up on the idea that being secured lenders gives us protection on our collateral. As factors, what does that even mean? The age-old question is; Are we lenders or...
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Is AI the New Fraud Frontier?
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Artificial Intelligence Took My Job
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San Francisco's Reparations
I think San Francisco first started the conversation about providing reparations to descendants of slavesin America. For a city that hasn’t the money to fix a chronic homeless problem, a task force...
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Competition Killed Your Local Bank
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Silicon Valley Bank: It’s Not A Wonderful Life
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The Failure of a Legend: Silicon Valley Bank
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You Don’t Want to Take that Bet.
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